Initial Purchase Date definition

Initial Purchase Date means the date of the Initial Purchase.

Initial Purchase Date. The first Payment Date following the month in which the Pool Balance is initially reduced to less than 20% of the Cut-off Date Balance.

Initial Purchase Date has the meaning set forth in Section 2.1(b) hereof.

Examples of Initial Purchase Date in a sentence

• If the Residual Holder fails to exercise such option on the Initial Purchase Date, the Note Interest Rate for each Class of Notes will be increased as set forth in the table in the Preliminary Statement herein beginning on the Step-up Date and for each Payment Date thereafter.

• The Originator intends such sale to be a true sale of all rights and interests of the Originator in the Purchased Receivables of the Originator in existence on the Initial Purchase Date and of each Purchased Receivable thereafter generated by the Originator as it is created until the Originator Termination Date.

• Upon the sale to the Company pursuant to this Agreement of each new Receivable and on the Initial Purchase Date for then existing Receivables, the Company shall have valid ownership interest in each Purchased Receivable at the time of such creation or purchase, free and clear of any lien, security interest, hypothecation, assignment or material encumbrance, other than liens and security interests contemplated in this Agreement or the Receivables Loan Agreement.

• The Initial Purchase Date as defined in the Amended and Restated Sixth Series Resolution is June 15, 2016.

• On each Purchase Date (other than the Initial Purchase Date) and on such other dates as may be provided herein, a portion of the amounts in the Authority PSL-Sourced Proceeds Account and, to the extent not previously transferred to the Authority PSL-Sourced Proceeds Account, the Holding Account shall be transferred to specified accounts under the Deposit and Disbursement Agreement.

More Definitions of Initial Purchase Date

Initial Purchase Date means June 4, 1999.

Initial Purchase Date. The first Purchase Date to occur under the Receivables Purchase Agreement.

Initial Purchase Date means March 26, 2012 or the first date thereafter on which all of the conditions precedent specified in Sections 3.01 and 3.02 have been satisfied.

Initial Purchase Date means the date on which the Initial Purchase shall occur which shall be the date specified in a written notice from the Originator to the Purchaser; provided that the conditions precedent set forth in §3.01(b) of the Loan and Servicing Agreement shall be satisfied on such date.

Initial Purchase Date means the Closing Date or such later date as the parties hereto shall agree.

Initial Purchase Date means the date on which the initial Purchase under the XXX Purchase Agreement is made.

Initial Purchase Date means the later of October 29, 2004 and the date PGE receives the SEC Order.